Information about KzTrade Broker
The broker KzTrade is positioned as a reliable international company and a leader in providing access to CFD trading in European and Asian regions. The company started its operations in 2018. It is reported that the company KzTrade is a banking holding structure headquartered in Detroit (USA, Michigan). The company is part of the KzTrade Bank structure.
The company began its operations in the Russian Federation in 2021. As of the end of 2022, the platform has around 37,000 active traders who place over 340,000 orders per day, resulting in a daily trading volume of $83 million USD.
The official website informs about KzTrade’s licensing in the jurisdiction of Kazakhstan. The license number provided is: 3.1.1.523. A scan copy of the license is available in the “Documents” section of the broker’s website.
The broker’s central office is located in Kazakhstan at the following address: Seifullin Ave 398, Almaty 050000, Kazakhstan, House 510a, 4th floor, office 413.
For contacting the company, one can use the international phone number, email address, or reach out to customer support directly through the broker’s official website.
KzTrade Trading Conditions
The broker offers CFD trading on various assets through a modern trading platform. The available trading assets include:
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CFDs on cryptocurrencies,
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stocks,
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metals,
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currency pairs,
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CFDs on commodities,
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indices.
Information about the type of trading platform used is not provided. Additionally, there is no description of the platform’s features and capabilities. A demo account version is not available.
The broker’s trading accounts are categorized into the following tariff plans:
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“Standard”: no minimum deposit specified. Leverage: 1:100. Instant execution.
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“Advanced”: no minimum deposit amount indicated, leverage: 1:100. Traders have access to instant execution, trading cryptocurrencies and metals, as well as deposit insurance.
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“Master”: no information on initial capital. Leverage: 1:100. In addition to the conditions of the previous tariffs, traders are offered deposit protection and round-the-clock personalized support.
The company’s additional services include the following features:
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economic calendar,
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trader’s calculator – allows forecasting investment profits. According to the calculator, the minimum investment amount starts from $1 USD, with a maximum limit of $6,000 USD.
Account Funding and Withdrawal from trade.kztrade.org
The broker’s official website does not provide information on the financial interaction terms with the platform.
Investors are informed about some advantages of collaborating with the company:
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real-time monitoring of account and capital,
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transaction control in the personal account and tracking of orders and their results 24/7 through the user’s personal account,
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convenient multilingual customer support system.
Available methods for depositing trading accounts, processing times for traders’ requests, minimum withdrawal amount, possible commissions, and fees from the trading platform are not specified.
Conclusion
The KzTrade trading platform offers professional service and access to around 200 categories of trading assets. Three types of trading accounts with leverage up to 1:100 are available for trading. Information about the trading platform used is not provided. The broker’s licensing in Kazakhstan is reported, confirmed by the corresponding license. However, registration data is not disclosed. The reliability and security of collaboration with the broker can be assessed based on recent trader reviews and by examining KzTrade’s rating positions among active users of brokerage services.